Qatif 09 March 2020 SPA The markets of Al-Qatif witnessed a stable commercial movement, after the Ministry of Interior decided to temporarily suspend entry and exit to and from the governorate and stop work in government departments, except for the basic facilities to provide the necessary security, health and catering …
Read More »HH the Deputy Emir of Hail visits a number of projects that lead to full settlement in the region
Hail 09 March 2020 SPA As part of His Highness’s supportive efforts in this regard, His Royal Highness Prince Faisal bin Fahd bin Muqrin bin Abdulaziz, Deputy Governor of Hail, visited a number of pioneering and distinguished projects initiating full settlement. During the tour, His Highness thanked the project owners …
Read More »Dubai Economy: Gold and jewellery sector shows commitment to consumer protection
DUBAI, 1st March, 2020 (WAM) The gold and jewellery market, which is among the pillars of Dubai’s reputation as a global retail hub and shopping destination, continues to enjoy consumer confidence and remain a leading economic activity in the emirate. Efforts by the Commercial Compliance and Consumer Protection, CCCP, sector …
Read More »Additional humanitarian aid to Sudan from the European Union with 30 million euros
Khartoum 01 March 2020 SPA The High Representative for Foreign and Security Affairs and Vice President of the European Union, Josep Borrell, who arrived in North Darfur today at the head of a high-level delegation of European advisors and ambassadors of the European Union, confirmed that the situation in the …
Read More »The Lebanese currency bloc declined by a week, by 6.04 percent
Beirut 01 March 2020 SPA The ready liquidity in the Lebanese pound decreased during the week extending from 13 to 20 February 2020, at a value of 708 billion Lebanese pounds, to reach 197 billion and 904 million Lebanese pounds, equivalent to 6.04 percent, evaluated on an annual basis. A …
Read More »Mohammed bin Rashid issues Decrees on Dubai World, Dubai Judicial Institute and Dubai Free Zones Council
DUBAI, 1st March, 2020 (WAM) In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. 09 of 2020 on the Board of Directors of Dubai World. Under the chairmanship of H.H. Sheikh Ahmed bin …
Read More »Nasdaq Dubai welcomes listing of $2 billion Sukuk by Islamic Development Bank
DUBAI, 1st March, 2020 (WAM) Nasdaq Dubai welcomed the listing of a US$2 billion Sukuk by the Islamic Development Bank, IsDB, a multilateral lender which finances development across its 57 member countries. The five-year Sukuk is the largest by value to be listed on the exchange by IsDB, Nasdaq Dubai …
Read More »UAE halts all Iran flights following COVID-19 outbreak
ABU DHABI, 25th February, 2020 (WAM) The UAE’s General Civil Aviation Authority has announced the suspension of all flights arriving to and departing from Iran, effective immediately. According to the GCAA, all passenger and cargo aircraft traveling to and from Iran will be suspended for a period of one week, …
Read More »Mubadala to commit to Bpifrance’s LAC I Fund
ABU DHABI, 24th February, 2020 (WAM) On the occasion of the visit to the United Arab Emirates of Bruno Le Maire, French Minister of the Economy and Finance, Mubadala Investment Company, Mubadala, one of the world’s leading sovereign wealth funds, today announced the signing of a Memorandum of Understanding, MoU, …
Read More »UAE, Saudi partner to empower their local businesses in cross-border trade
DUBAI, 23rd February, 2020 (WAM) The United Arab Emirates and the Kingdom of Saudi Arabia strengthen their economic partnership to enhance the trade, diversify and create opportunities for the businesses and people in both the countries. Etihad Credit Insurance, ECI, the UAE Federal export credit company has partnered with the …
Read More »